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EA Purchasing Respawn Entertainment

Category: General News
Posted: 12:56PM

The developers of the Titanfall franchise are being purchased by EA, which published the same franchise. To make this purchase, EA will pay $151 million in cash and up to $164 million in long-term equity to the employees. There is an additional cash consideration that could add up to another $140 million, as a maximum, if certain performance milestones are achieved.

Respawn and EA have multiple projects currently in development, including a new Titanfall title, a game in the Star Wars universe, and a VR gaming experience.

Source: EA

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